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Smith executive vice president at Barnett Bank, has transferred from Dade County to Broward County. Beverly Burke has been appointed mortgage. Bank of Florida, Miami. Barry Johnson has been.
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construction to permanent loans nc One-time close construction loans are more commonly referred to as construction-to-permanent loans, because the construction loan is converted to a regular or permanent mortgage once your home is complete. There is only one approval process, and the terms of the final loan are known at the initial closing, before construction begins.